Europe needs to boost its startups.
”The fact is, here in Europe, we have many great success stories – but we are not telling them. There are so many talented people working to make their ideas a reality. So many innovations and innovators”, Neelie Kroes, the European commissioner for the Digital Agenda, says in an article on CNBC.
”The fact is, here in Europe, we have many great success stories – but we are not telling them.”
Successful European startups such as Skype and Spotify from Sweden and Rovio with Angry Birds from Finland are mentioned as examples with great results.
But there is a funding shortfall compared to the U.S. In the U.S. entrepreneurs also are more risk-taking than the Europeans, the articles tells.
Read more on CNBC, Can Europe compete with U.S. tech startups?.